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2781  Economy / Economics / Re: What do you think of gold price in long term? on: October 27, 2022, 10:57:47 AM
200 tonne of gold will not change the price of gold, but from my point of view, the confiscation / freezing of money deposited in central banks, which happened recently from some countries, is the main reason that will push countries such as India, China and others to buy more gold and keep it instead of the dollar, and this is the reason I have more than inflation.

Another problem will appear, which is that these countries will want to receive gold in their CBs, which makes the process complicated.
 
In short, the more confidence in the current financial system weakens, the greater the value of gold, something that may happen in the future (if we ignore inflation)
2782  Economy / Goods / Re: ANONYMOUS CARD on: October 27, 2022, 10:11:04 AM
Are you saying that the site is scam? If so, it is difficult to get your money back, because there is no data about this site and it does not provide a legal service, or at least legal without certain conditions.

There are no services that offer anonymous cards, and even those that you offer, they are similar to what you can buy with gift cards with high fees, and therefore all services that require personal registration will not work with them.
2783  Other / Beginners & Help / Re: Some coins or a hardware wallet? on: October 27, 2022, 09:55:29 AM
You know what your grandfather prefers, but buying a hardware wallet for an old person who doesn't know much about cryptocurrencies would be a waste of money.
The best option is a collectible coin or made of gold and silver with a bitcoin address printed on it.
You'll get more ideas or custom versions here ---> https://bitcointalk.org/index.php?board=217.0
2784  Economy / Trading Discussion / Re: BTC PUMPED EXACTLY AS PREDICTED! on: October 27, 2022, 09:26:36 AM
Analysis: WHAT'S NEXT?! + Crypto Market Analysis Today https://www.youtube.com/watch?v=LsyjoEk-JbA

Previous Analysis: BITCOIN TO $24600 SOON! https://www.youtube.com/watch?v=5CLmwNqaQ50
I hope that you will add more details in the future, because just putting titles and links to YouTube videos will not gain the discussions any value, and then the user will be forced to watch the videos to respond instead of being an option or enhancing the value of the discussions.

Short-term analyzes of Bitcoin, especially in a period of less than two weeks, are very difficult and can only be determined after an influential event, but in general the market has reached equilibrium and will need a unique event to reach 24k or 26K
2785  Bitcoin / Bitcoin Discussion / Re: Major Dumps in Bitcoin History and What to learn from there? on: October 27, 2022, 08:57:50 AM
Attempting to find reasons for such corrections is not accurate, even the percentages of increase and correction, which have proven to be completely backward according to the factors of each cycle, but the constant is the upward growth.
So what you will learn from these patterns is not something of value as much as it shows the effect of increased demand and limited supply on the price.
2786  Economy / Economics / Re: cryptocurrency and the UK's new prime minister on: October 26, 2022, 12:36:15 PM
I think the UK is facing too many economic crises to leave them the luxury of looking at CBDCs, bitcoins, stablecoins or any other non-traditional form of financial instrument.

Also, all of Rishi Sunak's actions before he was appointed to this position and the previous statements are not linked, given that the economic failure now means political suicide for the party, and therefore they will not die to try new things or wander into the unknown.

In short, there will be no major change in the next two years.
2787  Economy / Exchanges / Re: LocalCryptos is shutting down on: October 26, 2022, 12:24:51 PM
Quote
Over the years, it gained more than 400,000 registered users and grew to a team of approximately ten.
I did not expect that after five years of development and 400,000 registered developers, the number of the developer team is about 10, so the financial problems may be a sufficient reason for this, although I think it is the organizational reasons.

Overall it's a strange way to say saying goodbye.

Quote
We also owe immense gratitude to our partners, vendors, and affiliates, including ChangeNOW, Bitcoin.com, PhishFort

ChangeNOW & Bitcoin.com  Shocked I didn't think these were their partners.
2788  Economy / Scam Accusations / Re: Phishing/Scam website on: October 26, 2022, 08:01:08 AM
A good find, unfortunately we must be wary of all links in the forum, especially from newbies, but I think that those who will deal with this case are mods/admins, as a report is enough to ban the account.
Negative trust will not change in account activity or leads to link removal.
2789  Economy / Scam Accusations / Re: Office of the fraud company localbitcoins.com on: October 26, 2022, 07:56:54 AM
I cant find the exact address of the fraud company localbitcoins.com, I would like to know the exact street, building, floor, office number and some pictures.
After that I might try to find some people to visit that place and talk to them.
The information that you will get from the support team is the same as the information that you will get if you visit their office and therefore it will not make a difference.

What will make a difference is if you file a criminal case and then it can make a difference.
As far as I know, the platform is subject to the laws of the European Union, so are you a European citizen? Or which country can influence decisions in the European Union? Is there clear cryptocurrency legislation in your country? Do you know a professional lawyer? These are the things you should look for.
2790  Economy / Trading Discussion / Re: Best Bitcoin And Ethereum Strategy In 2022 on: October 26, 2022, 07:40:40 AM

The crypto market has been the biggest loser under current macroeconomic conditions. Bitcoin and Ethereum recorded 66% and 72% losses, respectively. In traditional markets, only the Nasdaq 100 records a similar drawdown of 40%. QCP Capital wrote:
This phrase is selective, if we enlarge the search, we will find that the performance of Bitcoin was perfect, except for those who bought at the wrong time (at levels above 40k)

We are also expected to bounce back to the price of 30k, which appears to be a reasonable range, and therefore the performance was not completely negative, but it is bad compared to oil.

Diversification of investment is the key, and therefore even if a person loses part of his wealth when bitcoin losing its value, waiting for several years will give a better return on average in most (if not all) investments.
2791  Economy / Trading Discussion / Re: Effective strategy to get crypto news. on: October 26, 2022, 07:21:35 AM
The program already exists and there are many sites[1] that provide such services, so you will not be able to provide anything new here.
The thing that you can do is to program AI algorithm to exploit this data and come up with investment decisions based on the analysis of the data and the news that you have obtained.

[1] https://coinmarketcal.com/en/
2792  Economy / Reputation / Re: Is it Wrong for BTT user to ask for Donation as a Flood Victim? on: October 26, 2022, 06:48:15 AM
I hope that you will be able to bypass the flood disaster and that the damages will be less in the future, but is it easy to convert Bitcoin into money or food and others with all the damages and torrents? I thought the electricity would go out and it would be hard to accept Bitcoin.

Personally, I do not mind if your story is good, but because we are in a multi-country forum, which enhances privacy, does not require information from users, and therefore it is difficult to verify your story or ensure that aid reaches you, as if you know a reliable person here, it will help you a lot.
2793  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: staking USDC possible? on: October 22, 2022, 04:00:04 PM
No, you cannot, and to simplify it for you, the profits that you get from staking come from two ways:

  • POS crypto: in POS blockchain based you (or any group) must have a min limit to confirm transaction (create block) when you confirm a transaction, the transaction fees within that block return to you, and so on.
  • Centralized or decentralized platforms that provide liquidity through pools or provide lending services, but they are all centralized at one point or other.
2794  Other / Beginners & Help / Re: What do I need to know has a newbie on: October 22, 2022, 03:50:16 PM
If the reason for joining the forum is purely economic reasons, it is better to wait, learn for several months, and then invest in Bitcoin, as the price may remain at these levels for the next 6 months, and therefore learning is your best weapon.

With regard to investment, after learning the economic aspects, then must learn the basics of security, and if you intend to buy in large quantities, it is better to buy a hardware wallet.

The details are many and cannot be listed, so start and then you can ask a question that you do not find an answer to.
2795  Bitcoin / Bitcoin Discussion / Re: BlackRock To Take Over Cryptocurrency With Bitcoin Private Trust on: October 22, 2022, 03:18:44 PM
Is there any confirmation news link and whether the Private Trust will be attractive if an ETF is approved in the coming years?

In times of current crises and profit from lending money to governments, the creation of such a fund enhances Bitcoin's bullish outlook, which means that the current time may be the best opportunity for investment.

But first of all, let's make sure that the news is true and its details, because the news of Blackrock is just like the news of China ban.
2796  Economy / Economics / Re: Scalability and its Effects on the Environment on: October 22, 2022, 02:52:16 PM
There are two ways to solve any problem, the right way, which requires time and does not include changing the overall approach and the fast way.
What Ethereum has done is a quick fix that won't solve the scalability problem and will cause bigger problems in the future.
POS is back to bank system in new terms
Just as happened with Bitcoin Cash by increasing the block size to more than 2 megabytes and other quick solutions that “meet the market’s desires.”
2797  Alternate cryptocurrencies / Altcoin Discussion / Re: Usage of Blockchain technology on: October 22, 2022, 02:02:47 PM
I don't know, but such problems are too big to be solved by the blockchain. Let's suppose, for example, that a complaint against the victims is highly transparent, and manipulation of complaints has been avoided. Are these provisions implemented? If corruption is rampant in the country, adding a blockchain will not solve the problem. Blockchain will succeed in environments with minimal accountability for individuals.

Also, such solutions are expensive and the possibility of defaming victims and policemen is high, and if there is the possibility of deleting the data, then it will be centralized and other problems.
2798  Alternate cryptocurrencies / Altcoin Discussion / Re: Are privacy coins already dying on: October 22, 2022, 01:55:04 PM
I haven't heard any good news about privacy coins this days, it seems that people are losing interest in privacy coins because of regulation? Also privacy coins have bad performance compared to other altcoins, what is going on? Can privacy coins survive on the long run?

Can you explain to me what this bad news is? Or a link to press articles?

If we go back, the news about Bitcoin from 2013 to the end of 2016 was related to the fact that Bitcoin is a Ponzi model or used for fraud and drugs dealers, did this lead to a loss of interest in Bitcoin?

What will survive any privacy coin in the long run is that it be continuous development and really be a decentralized private currency.
2799  Economy / Economics / Re: We are facing a new recession ten years after the previous one... on: October 22, 2022, 01:44:14 PM
If you intend to build your investment plan according to the opinions of Elon Musk or any businessman, your plan will most likely fail because they say what corresponds to their economic profits.
Recession expectations have become certain, but the questions are whether it will be a controlled recession and therefore individuals will not be affected, or will it be very chaotic, causing bankruptcy for many and stopping exports.
In general, if the recession continues for a year or a year and a half, it will be controlled.
2800  Bitcoin / Bitcoin Discussion / Re: Is regulation really inevitable? on: October 21, 2022, 02:01:25 PM
A discussion that governments fear digital currencies is premature because the market capacity of this industry is still very small, and we cannot judge the motives of governments because there are not enough reasons to regulate such a market.
In general, small governments have accepted Bitcoin and still control most if not all of the people's money.
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